We have grossed $300k in revenue over the first 12 months of operation, at a ~50% profit margin.

On market, $6,000 over ask offer and waived inspections due to the pristine condition of the building and garage.

It is too easy to scam over the internet.

I currently can’t get over my scarcity mind set of there “not being enough money” out there to fund deals.

If you would like to generate your own leads, I would pop over to the the wholesale section of the forum and start there, and perhaps purchase some books from the BP store.

While they may answer their cell phone at all times of the day, most owners soon find out that the manager is spread too thin and constantly over-promises and under-delivers.At the other end of the spectrum there are owners who are too hadns off, leaving their PMC to try to figure out how much they can do without owner approval.

In the end, it cancels out any benefit.Loss of Key Homeowner BenefitsIf you sell your home to an LLC or S-Corp, you’ll lose:$250k/$500k capital gains exclusion on selling a primary residence.Homestead exemption on property taxes.Owner-occupied insurance rates, which are cheaper than rental insurance.Substance Over FormIn tax law, the IRS looks at the substance of a transaction, not just the form.

Over the years, I’ve learned a ton, and now I’m applying that experience to my Real Estate practice.

Since it was over 12 months with my HML, I ended up taking the property under my name with a 30-year conventional loan.

I mean, obvious right, people can only spend what they have.